Scammers | ForkLog

ForkLog 13 12.02.2025

Analysts Detail Crypto Scammers’ Tactics for 2024

In 2024, social engineering has become the forefront of tactics employed by fraudsters and extortionists within the crypto industry. The primary attack vector has been the social network X, according to insights shared by analysts from Merkle Science. Experts examined 36 incidents that were constructed using social methods “from start to finish.” Data: Merkle Science. […]

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ForkLog 21 07.02.2025

Phishers Refine Tactics Targeting Phantom Wallet Users

Malefactors are attempting to acquire the private keys of Phantom wallet users through a phishing scheme involving fake updates, reports Scam Sniffer. ? UPDATE: Sophisticated Seed Phrase Phishing Tactic! Scammers now connect to REAL Phantom wallets first, then trick users with a fake “update extension” signature request. After approval, a FAKE modal appears demanding seed […]

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ForkLog 8 04.02.2025

Coinbase Clients Lose Over $65 Million to Scammers in Two Months

Between December 2024 and January 2025, Coinbase users lost over $65 million due to social engineering scams, according to on-chain detective ZachXBT. 1/ Over the past few months I imagine you have seen many Coinbase users complain on X about their accounts suddenly being restricted. This is the result of aggressive risk models and Coinbase’s […]

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ForkLog 17 23.01.2025

Nasdaq’s X Account Compromised to Promote Fake Memecoin

An unidentified hacker breached the official X account of the Nasdaq exchange to promote a fraudulent memecoin named STONKS, mimicking the original token on the Solana blockchain. This was reported by The Block. The perpetrator initially renamed the fake page to a Nasdaq branch, posted an advertisement for the newly issued memecoin, and retweeted it […]

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ForkLog 27 22.01.2025

Market Maker CLS Global Admits to Sham Trading of FBI’s AI Token

The UAE-based cryptocurrency market maker, CLS Global, has admitted to facilitating sham trading and market manipulation in favor of the NexFundAI token, created by the FBI to detect fraud. This was reported by the US Department of Justice. As part of a deal with authorities, the company confirmed its involvement in providing services to attract […]

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ForkLog 22 20.01.2025

Controversial activist offloads 50% of TIKTOK memecoin supply

Ryan Fournier, chair of Students for Trump, faced a backlash after selling half the supply of a memecoin created to celebrate the lifting of the ban on TikTok in the United States, The Block reported. On January 19, Fournier floated the idea of a memecoin, Official TIKTOK COIN (TIKTOK). An X user going by Asta […]

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ForkLog 89 16.01.2025

Illicit crypto activity totaled $40.9 billion in 2024

In 2024, the total volume of illicit cryptocurrency transactions reached $40.9 billion, with 63% conducted in stablecoins, according to Chainalysis analysts. ?The Introduction to the 2025 Chainalysis Crypto Crime Report is here! ? Check out our blog to learn the latest about the on-chain illicit ecosystem’s increasing ? professionalization, featuring a broadening array of illicit […]

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ForkLog 34 15.01.2025

Bitmama faces up to 10 years in prison

Law-enforcement authorities have charged Valeria Fedyakina, known as Bitmama, with fraud in a case involving the theft of cryptocurrencies and fiat totaling at least 2.2bn rubles, TASS reported. Investigators say she solicited investments in digital assets, promising high returns, after which the funds disappeared. In one episode, losses amounted to about 800m rubles. A court […]

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ForkLog 33 15.01.2025

Huione Guarantee’s illicit marketplace turnover exceeds $24bn

Analysts at Elliptic have described the online marketplace Huione Guarantee as the world’s largest illicit trading platform. Transaction volume has exceeded $24bn, and the user base has topped 900,000. New research: Huione Guarantee is the largest illicit online marketplace of all time — providing scammers with the tools they need to perpetrate pig butchering and […]

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ForkLog 70 13.01.2025

Hackers steal 143 ETH via transaction‑simulation spoofing

Researchers at Scam Sniffer have flagged a new ruse in which criminals steal crypto by spoofing transaction simulations. In a single incident, attackers siphoned 143.45 ETH (about $460,000) in 30 seconds. 1/8 ? SECURITY ALERT: A victim lost 143.45 ETH ($460,895) through transaction simulation spoofing 1 day ago. Here’s how these attacks work… ? pic.twitter.com/IQTSS8I3dp […]

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ForkLog 20 13.01.2025

New York attorney-general to serve suspected crypto fraudsters with NFTs

As part of a fraud probe, New York attorney-general Letitia James will send suspected offenders notice of the proceedings in the form of an NFT. According to investigators, from January to June 2024 a group of scammers sent US residents messages offering remote jobs on behalf of real companies. The “work” consisted of writing online […]

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ForkLog 21 13.01.2025

Litecoin’s X account promoted a fake memecoin

In recent days, X accounts belonging to several cryptocurrency and venture projects were hijacked to promote scams, The Block reported. Among the compromised was Litecoin’s page with 1.1 million followers. It was used to advertise a fake memecoin. The team regained control of the account and apologised for the incident. Litecoin’s X account was briefly […]

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